PhenixFIN posts Q1 total investment income of $6.7 mln

Phenixfin

09/02/2026 21:39

Overview

Business development company reported fiscal Q1 investment income of $6.7 mln

Company's net asset value stands at $155.8 mln as of Dec. 31, 2025

Fiscal Q1 net unrealized loss of $7.2 mln due to equity position declines

Outlook

Company expects U.S. fundamentals to improve throughout 2026

PhenixFIN anticipates a supportive rate environment in 2026

Result Drivers

INVESTMENT INCOME - Co generated $6.7 mln in total investment income, supported by a 12.52% weighted average yield on income-producing investments

EQUITY POSITION DECLINES - Mark-to-market declines in certain equity positions impacted results, despite a generally favorable economic backdrop

U.S. FOCUS - Portfolio concentrated on U.S. companies, with expectations of improved fundamentals in 2026 due to supportive policy environment

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Net Asset Value as of Dec. 31, 2025
$155.80 mln
Net Asset Value Per Share as of Dec. 31, 2025
$77.92


Analyst Coverage

The one available analyst rating on the shares is "hold"

The average consensus recommendation for the closed end funds peer group is "hold"

The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 24 three months ago

Press Release: ID:nGNX24cq8M

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)